Expert Ratings For VF
Portfolio Pulse from Benzinga Insights
VF Corporation (NYSE:VFC) has seen diverse analyst ratings over the last three months, with a shift towards a more neutral stance in the last 30 days. The average 12-month price target for VFC has been adjusted to $16.44, down from $18.07, indicating a 9.02% decrease. Analysts from firms like JP Morgan, Goldman Sachs, and Stifel have adjusted their ratings and price targets, reflecting concerns over VF's financial performance, including a -16.16% revenue decline and challenges in profitability and debt management.
April 08, 2024 | 9:00 pm
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VF Corporation's stock may face short-term pressure due to a downward revision in analyst ratings and price targets, alongside reported financial challenges such as revenue decline and profitability issues.
The collective downgrade in analyst ratings and price targets, especially with the backdrop of VF's reported financial difficulties such as a significant revenue decline and challenges in maintaining profitability, suggests a bearish outlook for VFC in the short term. Analysts' adjustments reflect concerns over the company's current financial health and its ability to manage debt, which could negatively impact investor sentiment and stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100